Tigo Energy (TYGO) CGO Tian Jing Receives 61,800 RSU Award

What Happened Tian Jing, Chief Growth Officer of Tigo Energy (TYGO), was granted 61,800 restricted stock units (RSUs) on August 7, 2026 (reported as an award, code A, $0.00 acquisition price). Separately, on August 11, 2026 the company withheld 7,084 shares (reported as code F) at $1.25 per share — a withholding/ disposition to satisfy the reporting person’s tax withholding obligation, totaling $8,855. The RSUs vest over three years (one‑third each anniversary) subject to continued service.

Key Details

• Transaction dates & prices:
  • Aug 7, 2026 — Grant of 61,800 RSUs (acquisition price reported $0.00).
  • Aug 11, 2026 — 7,084 shares withheld/disposed at $1.25/share to cover tax ($8,855).
• Outstanding RSUs across grants: the filing references prior RSU grants (Aug 11, 2023: 7,408; Sep 16, 2024: 47,516; Aug 1, 2025: 51,416) plus the new 61,800 — totaling 168,140 RSUs across those grants, some of which have partially vested per the footnotes.
• Vesting notes: Each RSU grant generally vests one‑third on each of the first three anniversaries of the grant dates; several prior tranches have already vested and been delivered per the footnotes.
• Withholding treatment: The 7,084‑share disposition was an exempt withholding disposition under Rule 16b‑3(e) to satisfy tax obligations (routine practice, not an open‑market sale).
• Filing timeliness: Form 4 was filed Aug 11, 2026 for transactions occurring Aug 7 and Aug 11, 2026 — within the standard two business‑day reporting window.

Context

• RSUs are awards that convert to shares upon vesting; companies commonly withhold shares to cover required tax withholdings (this is not an active market sale by the insider).
• The primary action here is a grant/award (a compensation event) rather than a purchased or investment‑driven insider buy. The withheld shares are an administrative step to meet tax obligations and don’t, by themselves, indicate a change in insider sentiment.